Just 24 hours after he expressed public support for the people suffering from coronavirus around the world, Pope Francis has fallen ill. “I wish, again, to express my closeness to those who are ill with coronavirus and to healthcare workers who are caring for them,” Pope Francis said on Wednesday. He was visibly ill during…
Critics panned CBS News and moderators for losing control of the Democratic debate in South Carolina. While debate pros at other networks called it a “disaster,” Meghan McCain said even “The View” has more orderly debates. But it isn’t just CBS. MSNBC and NBC News have also flubbed debates in recent years. News networks used…
Nigeria’s commercial hub of Lagos has shaken up its transportation order. At the center are the West African country’s motorcycle taxis — referred to locally as okadas — which face newly enforced regulatory restrictions on their movement. That’s creating speedbumps for Nigeria’s two-wheel ride-hail startups, operating in Africa’s most populous nation with the continent’s largest…
Snowflake, the cloud-based data warehouse company, doesn’t tend to do small rounds. On Friday night word leaked out about its latest mega round. This one was for $479 million on a $12.4 billion valuation. That’s triple the company’s previous $3.9 billion valuation from October 2018, and CEO Frank Slootman suggested that the company’s next finance…
NEM (XEM) gains 23% in overnight surge. The Altcoin was previously down 97% since the market peak of January 2018. XEM coin now up 71% since December, but can we bank on this being a new alt-season? The 29th ranked cryptocurrency NEM (XEM) clawed back almost one-quarter of its value leading into Saturday morning. The…
The stock market stumbled to close the week, reversing yesterday’s late afternoon rally. A Dow Jones stock that Wall Street views as a bellwether for growth delivered a sharp warning about the global economy. That forecast pressures a stock market that’s “priced for perfection.” The Dow whipsawed back into decline on Friday, diving more than…
A few buffet mistakes aside, NuraLoop were the biggest disappointment of my 2019 CES. When the headphones showed up at the show as dummy units, it hurt my heart a little. The original Nuraphones made an appearance on my 2017 best of the year list, and the idea of a portable version I could take…
If 2018 was when the industry was shocked into sobriety, 2019 would be a year when pragmatism and the challenges of trying to develop and scale a technology got a lot more real. The upshot: the industry is in the midst of its adolescent years, where change can occur suddenly, causing confusion and awkward encounters. It’s a…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re dialing into some late-stage venture activity in Utah. Why? Because Utah has become a hotbed of startup activity, yielding both IPOs and huge acquisitions. And as Utah isn’t a media hub in…
The Dow rose nearly 100 points on Monday. Boeing stock surged after CEO Dennis Muilenburg’s firing, offsetting ugly manufacturing data. Vanguard warns that investors face coin-flip odds of a stock market correction in 2020. The Dow Jones sped higher during the last full trading session before the Christmas holiday. But as investors bask in the…
